Newbie question: I'm trying to buy long term puts (12/16/2016) $175, but they are $8. That seems crazy expensive. Next weeks puts for $195 are ~$2. Why are the puts far in the future so expensive?

Got out licking my wounds.

Picked up 4/15 $28 calls.

Popcorn and porn is not a good combo. Not that I would know ;) ??

Same. Still holding. Oil looks to be sliding and pulling SPYbaby with it.

Welp

Just doubled my position

Yeah, should have got out while I was green :)

Joined you

You asked? I wasn't trying to be mean. You're right a lot more than you're wrong. Just jabbing you a bit. Relax. :)

I made $800 on my put from yesterday that I exited this AM on the bounce after the Euor close. I don't use technicals. I think its Voodoo.

I'm referring to the puts he bought and immediately exited before SPY chit the bed.

You haven't had the best luck today. Think I'll just trade your opposite. ;)

Just curious, anyone in here have or think they may have Aspergers? Or have kids with it?

I just realized that fascination with numbers is a common sign. And I love staring at my console all day and watching the numbers. My kid was recently diagnosed with mild Aspergers and I took a test and I'm borderline as well.

I only trade from my phone too ;)

What's this max pain you guys talk about with NFLX?

Not odd in the grand scheme of things. Oil and SPY have been abnormally tied at the hip for the last 6 months. A divergence is good and back to normal days.

Russia and OPEC rumors fueled by Iran statement: "we are open to finding ways to stabilize the price of oil"

Smart. Good luck!

PR - https://www.morningstar.com/news/access-wire/ASW_Accesswire_436134MSN/zoomr-telephonics-launches-new-line-of-motorola-cable-modems.html

And oil goes up. Makes sense....??

Just came by to rubberneck the dumpster fire that is $TWTR.

Interesting analysis. I'll be watching for this. ??

Another bearish close.

Love it. But highly doubtful.

Modems are on BestBuy! http://www.bestbuy.com/site/motorola-docsis-3-0-cable-modem-gray/4811800.p?id=1219826172381&skuId=4811800

Prob not a bad move, and this is coming from a perma bear

There's def something keepin SPY above $186.20~. It's bounced off those levels 3 times now.

Bounced almost exactly on the LOD from August crash.

I've been holding $178 2/22 puts for 2 weeks :)

Agreed. Pretty awesome. :)

Bear flag still trying to figure out which way it wants to go.

Nope. ;)

Agreed, just trying to figure out what he's talking about. SpaceX is probably the most innovative company today.

If it breaks through 187, it will have officially broke through the support from the August plunge.

Still locked and loaded with puts.

Is GSAT building their own rockets?

Bearish close. "Sell the rally"

Still not enough buy conviction for me to exit puts. Holding $178 2/22 p until I'm in the money.

What was the open yesterday? (Sorry I'm mobile)

Besides waiting for this correction since last May? Almost everyday in 2016 has been red, the only green days was on bull runs in the last 10min of the day. Market has been showing weakness. It was almost as if the hedge fund managers kept the market up to close 2015, and then resigned the fact that 2016 was just going to be a bad year, and started getting out on Day 1.